Should Canada raise taxes on the rich?
Australia currently has a progressive tax system whereby high income earners pay a higher percentage of tax than low income tax. A more progressive income tax system has been proposed as a tool towards reducing wealth inequality.
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@943PG5Y3yrs3Y
Yes, but only for individuals making +500k a year as anything less is no longer rich due to the cost of living
Yes and should increase every year
@8VWR2CDNew Democratic4yrs4Y
Tax the rich out of existence
@8VVTQCP4yrs4Y
Tax the ultra rich not the ones that are earning a higher income (2000/year).
@8VT6DF34yrs4Y
We dont need to increase just stop with the tax breaks for the rich
They should add a new system that taxes corporations CEOs differently then someone working at Tim’s. It needs to be completely re-designed
Yes, but only the ridiculously rich people ; like big corporations owners. Or an alternative could be just paying their workers more
@8VMYP3K4yrs4Y
No. They work hard like everyone else. It’s not fair to make the rich fund those who are taking advantage of the system. For example, so many people scammed the system and collected CERB. Why should the people who didn’t collect get put on the hook for it?
@8VLFQWZ4yrs4Y
Tax rate should be the same % for everyone and higher for corporations with no loopholes.
@8VL7RTL4yrs4Y
Tax massively rich corporations, with individual incomes over a certain point. Not necessarily low six figure incomes.
@8VGYF6T4yrs4Y
Lower income people should not be in higher tax brackets because the rich can afford better tax representation and the ability to shelter assets. It should be more standard.
@8VCJK9J4yrs4Y
Tax the church and foreign corporations operating in canada
@8VBQZYD4yrs4Y
Raise taxes on the rich, but lower them for low income people.
@8V55H4K4yrs4Y
Increase taxes on the rich and lower taxes on the poor
@8TZ6DN84yrs4Y
Yes for the very wealthy who have annual incomes above $500,000
@8TV78TS4yrs4Y
Yes meaning the ultra rich multimillionaires/billionaires who get away with paying no taxes
@8TL8XYN4yrs4Y
The rich should be taxed at 75% and any other group should pay little to no taxs
Yes, and introduce a cap on the total wealth and assets a person or organization can own
@8TH4QX44yrs4Y
I think they should tax the rich at a moderate level because It is not fair for the ones that work harder to pay taxes and take home the same amount as everybody else, I think the rich should get taxed the same amount but the poor should be taxed less.
Yes and increase by 25 percent
@8Q96VKD4yrs4Y
Raise taxes on the rich in such a way that does not encourage moving of their wealth to other countries (e.g. increase tax on luxury goods as opposed to income)
@8Q87LV74yrs4Y
Raise taxes on the rich and lower the taxes for the poor
@8DDJ5JX5yrs5Y
Why does it matter if they're rich or not? We're supposed to be treated with equality.
@9CML4FD2yrs2Y
Yes, a little bit and reduce taxes for the poor. Remove tax loopholes for large corporations
@98WXKGQ2yrs2Y
Yes, the government must raise income tax rates until a robust, progressive model is achieved while simultaneously eliminating tax loopholes for corporations and the wealthy.
Yes, and we should seize their assets and redistribute it amongst the people who work for them.
@8QZS5YZ4yrs4Y
Tax the super rich. Lower taxes on poor people
@96XHRXV2yrs2Y
No, but there should be a limit on what they can charge for services and products, we don't need more money for the government, we need more money for the working class, and the best way to do it is making cost of living cheaper, if we all have money in our pockets we all can be properly taxed.
@96QM73H3yrs3Y
basic income for all. free education. this helps to level the playing field instead of using taxation as the golden ticket.
@96KD6623yrs3Y
remove loopholes for corporations. don't charge tax based on how much money some one makes charge based on how much they actually have after their expenses for them/family.
@DrEagleTalon4yrs4Y
Yes, and remove all existing tax loopholes, deductions, or anything else that allows legal tax evasion.
@52YRS683yrs3Y
Yes, but only the extremely rich exceeding $200,000 a year and raise the tax brackets for those individuals while abolishing the income tax for all citizens making less.
@3GZTJR25yrs5Y
No, lower or remove all taxes for everyone as long as they donate to charities of their choosing between 10%-20% of their net income
@4SNPK4B3yrs3Y
Yes, at time of writing I am fairly sure every country should raise taxes on the rich (of course, if I wasn’t fairly sure of that, this question would be impossible to reasonably answer given that I want my answers to make sense across different countries, since as far as I can tell this same question is being used for every country with the country name dynamically substituted, rather than using individual questions per country [for purposes of ongoingly testing this: I entered this answer on the France question])
@92769393yrs3Y
Yes, but also lower taxes for the poor and remove all existing loopholes for large corporations.
@7YFGPVT5yrs5Y
1) Eliminate citizen income tax, and restructure corporate earnings tax to a lower linear incrementing tax.(i.e. Set a bottom threshold of $10M annual gross profit at 2%, $50M at 3%, $100 at 4%... and cap at $100B at %15). With no loopholes, and assessed to any company that does business in the US, regardless of where the corporate HQ are and where products/services are generated, to avoid "Off shore" parent company strategy.
2) Simplify, but increase property tax for all entitles, civilian, local business, and corporations. This tax would also scale linearly.
3) Eliminate local and state sales tax and institute a national Value Added Tax dispersed between local, state, and federal proportionally
@Ujustgotjosephd4yrs4Y
Increase capital gains taxes and close loopholes
@Ujustgotjosephd5yrs5Y
No, but eliminate all caps on taxable earnings and close all existing loopholes in tax legislation
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